Ian,
Adrenaline works fine in HD as long as you stay in DNxHD.
(that is, if you have the HD board)
If you use XDcam imports, you're limited to playback half quality.
(good enough for offline though...)
It also has all the connectors you like, including LTC in/out.
Since you're on a budget, totally forget about uncompressed HD.
What on earth would you need that for?
Uncompressed HD is for very high end movies.
Normal people shoot / edit / deliver compressed.
(and that goes for broadcasters as well. Even George Lucas shoots compressed...
reminds me, do you still have my board?
Bouke
http://www.videotoolshed.com/
smart tools for video pros